Current Affairs Quiz-September, 2020

Notes:
The Government of India has set up an Empowered Group of Ministers headed by the Defence Minister Rajnath Singh, to oversee and guide the entire process of corporatization of Ordnance Factory Board.
The Union Government recently announced that Ordnance Factory Board (OFB) – a subordinate office of Defence Ministry would be converted into one or more 100 % Government owned corporate entities.

Notes:
Security and Exchange Board of India (SEBI) has proposed to revamp its IT infrastructure network and communication systems.
Also, SEBI has proposed to have a centralised control over its network. In this regard, SEBI has shortlisted 8 companies which includes Bharti Airtel, Wipro, TCS, HP, IBM, NTT India, Orange Business Services India Technology and Sify Technologies.

Notes:
The Union Ministry of Road Transport has notified regulations for upgrading emission & safety features in Indian automobiles.
The Ministry has also issued draft notifications for anti-lock braking systems (ABS), airbags, reverse parking assist and crash standards for Indian vehicles. The Ministry has stated that there are plans to bring Indian automotive industry at par with developed nations in such regulations.

Notes:
Foundation stone was laid for construction of a Special Economic Zone (SEZ) in Sabroom of Tripura. It is the first SEZ of the state.
The SEZ is being built at a cost of Rs 635 crore and would focus on rubber, bamboo, textile and food processing. Sabroom is located at a distance of 130 km from Agartala, the capital of Tripura.

Notes:
A joint statement has been issued by USA, Israel and Bahrain which states that Israel and Bahrain have agreed to establish full diplomatic ties.
This is an outcome of a normalisation agreement between Israel and Bahrain which comes after a similar agreement between Israel and the United Arab Emirates (UAE). Earlier, an Israeli delegation was carried in the first direct commercial flight to UAE.

Notes:
Social media Major Facebook has partnered with the leading edu-tech platform Coursera, to launch Social Media Marketing Professional Certificate.
As per a joint official release of the two companies, under the five-course program, learners are trained in social media marketing including Creating impactful content, Protecting user data. The learners are made ready for related jobs with top employers.

Notes:
The candidate of National Democratic Alliance and Janata Dal (United) MP – Harivansh Narayan Singh has been re-elected as the Deputy Chairman of Rajya Sabha deputy chairman by a voice vote.
This is the second time he has been selected as the Deputy Chairman of Rajya Sabha. He defeated the opposition candidate Manoj Jha of Rashtriya Janata Dal.

Notes:
The 10th Defence Technology and Trade Initiative (DTTI) Group Meeting between India and the United States.
This meeting was held as a part of the Indo-US Bilateral Defence Cooperation. DTTI Group Meetings are held twice a year, hosted alternatively by India and the United States. During the virtual meet held this year, a Statement of Intent on Defence technology cooperation was also signed.

Notes:
Kerala State Electronic Development Corporation (Keltron), owned by the Government of Kerala, is set to manufacture commercially available Ventilators.
The corporation has signed a pact with Society for Bio Medical Technology (SBMT) under the Defence Research Development Organisation (DRDO) for technical expertise in ventilator production.

Notes:
India’s central Bank, t he Reserve Bank of India has issued draft guidelines on Interest Rate Derivatives (IDRs).
IRDs are contracts whose value is derived from one or more interest rates, prices of interest rate instruments, or interest rate indices. RBI has allowed foreign portfolio investors (FPIs) to undertake exchange traded rupee IRD transactions subject to an overall ceiling of Rs.5,000 crore.